Air Jordan 5 Low “Chinese New Year” Background, Release Date, and Estimated Resell

Nike adds on to its ever-growing “Chinese New Year”; collection with an Air Jordan 5 Low which releases this coming week! The Air Jordan 5 Low “Chinese New Year” Price is $215 and releases on January 23rd. Keep reading for all the details!

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Before taking a detailed look at the Nike Air Jordan 5 Retro Chinese New Year, let me walk you through some background.

Nike’s Year of The Ox

Nike Air Jordan Chinese New Year 2021 Collection
Sneaker News

The Chinese New Year or “Lunar New Year” is a huge celebration that occurs within Chinese communities everywhere. This occasion brings families and friends together as they enjoy food, festivals, and parties.

It starts with the new moon which according to western Calenders, starts around January 21st and ends at around February 20th. The Chinese New Year is perhaps the most important celebration in Chinese culture and Nike often celebrates with them.

Every year for a few years now, Nike releases various sneakers including Jordan shoes which are inspired by Chinese culture. With vibrant red color tones and intricate embroidery, CNY sneakers are usually very popular.

Jordan Brand in the past has dropped some heat with very hyped sneakers that are in demand even today. This year, Jordan Brand is set to release even more sneakers that are already evidently very highly anticipated.

To estimate the resale value of the Air Jordan 5 Low Chinese New Year, let’s head over to StockX.

Air Jordan 1 Low Chinese New Year (2016)

Air Jordan 1 Low Chinese New Year 2016
StockX

Retail Price: $200

Peak Resell: $540

Release Date: 01/23/2016

Colorway: BLACK/BRIGHT CRIMSON-BETA BLUE-BLACK

This Air Jordan 5 Low dropped during the 2016 Chinese New Year celebrations in a black leather upper. The upper is further contrasted by red eye stays while the rear and tongue feature a multi-colored pattern. A black midsole and translucent blue outsole complete the look.

The average selling price on StockX is a decent $340 which is an average gross profit of $140 per pair. Had you sold them at peak resale prices, gross profits would have even been as high as $340.

Air Jordan 5 Low “Chinese New Year”| Closer Look

Air-Jordan-5-Low-Chinese-New-Year-Full-View
Nike

Retail Price: $215

Estimated Resell: $240

Release Date: January/23/2021

Colorway: SAIL/CHILE RED-OPTI YELLOW-PEARL WHITE

This Air Jordan 1 Low features a sail leather upper with wear-away detailing.

After the subtle Sail upper wears off, it gives way to an explosion of colors including Chile Red, Opti Yellow, and Pearl White. Banner logos are featured on each of the heels and behind the tongues while “Action” appears on the medial perforated side panels.

A Sail midsole with red detailing and a similar outsole with a semi-visible Jump-Man finishes off the design.

Air-Jordan-5-Low-Chinese-New-Year-Wear-Away
Nike
Air-Jordan-5-Low-Chinese-New-Year-Front-View
Nike
Air-Jordan-5-Low-Chinese-New-Year-Side-View
Nike
Air-Jordan-5-Low-Chinese-New-Year-Hover-View
Nike
Air-Jordan-5-Low-Chinese-New-Year-Rear-View
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Air-Jordan-5-Low-Chinese-New-Year-Outsole
Nike

Estimated Resell Value

I believe these sneakers will sell out fast, however, don’t expect profits too high. The mediocre resale value will likely be due to the unappealing colorway in contrast to the 2016 versions which feature a more solid colorway overall.

Using my estimated resell value, expect profits of around $25 or more. If you want to hold them, they may gain value over time leading to higher profits.

Air Jordan 5 Low “Chinese New Year”| Where to Buy

You can buy these sneakers at select retailers and Nike.com on January 23rd. The retail price for men’s sizes is set at $215 per pair.

To buy them today for resale prices, visit StockX.

Conclusion

Air Jordan 5 Low “Chinese New Year”

Retail Price: $215

Estimated Resell: $240

Release Date: January/23/2021

Where to Buy: (Retail) Nike 

                      (Resale) StockX

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Not your style? Check out Nike’s CNY 2021 Dunk Low Firecracker that drops soon!

Have a great week everyone!

-Mohammad

Take your reselling game to the next level

Author

Mohammad Yousaf

Mohammad Yousaf

As a business student, Mohammad was thoroughly impressed with where the secondary market was heading for sneakers. He quickly realized that what used to be considered as a side hustle, was now the main income stream for many. He has studied the game ever since.

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